Transport is a leading contributor to Australia's greenhouse gas
emissions. By focusing on fleet buyers, the CEFC is hoping to see
an accelerated uptake of low emissions vehicles.

By early June 2017, Eclipx, through its Fleet Partners business,
had financed 941 vehicles, including 845 passenger cars under the
program, which had been operating since November 2015.

To be eligible for the CEFC finance, vehicles chosen by Eclipx
customers must meet a carbon emissions threshold that is 20 per
cent below the most recently published Australian averages for new
passenger and light commercial vehicles.

Average emissions per kilometre travelled for cars financed
through the Eclipx program are 27.1 per cent below the national
average and 8.8 per cent below the eligibility benchmark.

Light commercial vehicles financed are beating the average by
31.2 per cent and the benchmark by 14.0 per cent.

The CEFC finance is available through an Eclipx sponsored,
publicly-rated securitisation warehouse, providing a significant
demonstration of the potential of alternative funding structures to
finance low emissions technologies. This is in line with the CEFC's
focus on financial innovation, achieving lower emissions and higher
energy productivity.